Do you want to know about the career opportunities after accounting certification? If yes is the reply from your end then this article can be of great help to you. After the completion of the accounting Certification course lots of career opportunities open up in your way.
There are lots of career opportunities after accounting certification. You must go through some of the key factors that are good for your career after accounting certification.
With the increasing demand for skilled professionals, the demand for Accounting Professionals increases at a rapid pace. Additionally, it can make things work perfectly well in your favor when you want to boost your career.
Career Opportunities After Accounting Certification
There are several types and forms of Career opportunities after accounting certification. Some of the key factors that you should know from your end are as follows:-
1. Accountant Or Auditor
The prime responsibility of an accountant or auditor is to maintain the integrity and accuracy of the financial records. These are necessary for making an informed financial decision. You need to prepare and maintain all the financial records.
Auditors may have similar but slightly different roles in this regard. Now if you have a keen eye to know the details of financial records and have a passion for removing financial irregularities then a career as an auditor is the best fit for you.
Responsibilities Of Accountant Includes The Following:-
- Manage the payroll.
- Preparing all the financial statements and records.
- Analyzing all the financial data.
Salary Scale Of Accountants In India
The salary scale of accountants in India is within the range of 6-7 lakhs per annum.
Responsibilities Of Auditors Include The Following:-
- Identifying potential frauds and errors.
- Verifying and removing the financial statements.
- Maintaining compliance.
- Issuing all the audit reports.
Salary Scale Of Auditors In India
The Salary Scale of Auditors in India ranges from 1-10 Lakhs per annum.
2. Credit Analyst
Most of the time, a credit analyst acts as a gatekeeper for reducing financial risk. Thus, it is tasked with assessing the ability of individuals to repay their debts. Thus, you can play a vital role in the financial world. It ensures sound lending practices as well as mitigating the bad loan risk from lenders and investors.
Responsibilities Of Credit Analyst include the following:-
- Offers lending recommendations.
- Helps in the evaluation of creditworthiness.
- Managing and monitoring financial risk will become easier.
Salary Scale Of Credit Analyst In India
The salary scale of credit analysts in India is within the range of Rs 9 lakhs per annum.
3. Budget Analyst
Most of the time a budget analyst acts as a financial detective. They meticulously track and examine the organization’s financial health. Additionally, they are crucial for ensuring all the financial resources that are efficiently allocated to you. Career opportunities after accounting certification can be of a rewarding career.
Responsibilities Of Budget Analysts
- Budget preparation.
- Financial data analysis.
- Spending monitoring.
- Cost Benefit Analysis.
- Ensuring compliance with regulations and laws.
Salary Scale Of Budget Analyst In India
The salary scale of a budget analyst in India is within Rs3.57-16.57 lakhs per annum. Similar information is available on the website of UML.
4. Tax Examiners & Collectors
The main job of tax collectors and examiners is to ensure that everyone pays a fair share of taxes so that government revenue can run smoothly. Core responsibilities are subdivided into two main areas. Collecting overdue taxes and determining tax liability. Some of the key responsibilities include the following:-
Responsibilities Of Tax Examiners & Collectors:-
- Delinquent tax management and calculations.
- Reviewing all the tax returns.
- Compliance enforcement.
Salary Scale Of Tax Examiners & Collectors In India
The salary scale of tax examiners and collectors in India is Rs 45000 per month.
5. Tax Preparer
In most cases, the tax preparer acts as the financial navigator. They guide individuals and businesses to get the guidance for complex landscape and tax filing. The primary duty of the tax preparer is to file and calculate the tax return. Thus it maximizes the client’s tax benefits that are within the bondage of legal regulations.
Responsibilities Of Tax Preparers Are As Follows:-
- Efficient tax return preparation.
- Data gathering and review.
- Maximizing tax benefits.
Salary Scale Of Tax Preparer In India
The salary scale of tax preparers ranges between Rs 1.5 Lakhs to Rs 6.3 lakhs.
Final Take Away
Hence, these are some of the best career opportunities after accounting certification that you must know. Additionally, you should go through some of the crucial facts that can assist you in reaching your goals with ease.
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